The Pakistan Stock Exchange (PSX) continued its record-breaking rally on Friday, as the benchmark KSE-100 index surged to an all-time high of 146,302.66 points.
During trading, the KSE-100 index recorded a gain of 655.53 points, marking an increase of 0.45%. This rise reflects strong investor confidence and a positive market sentiment.
The rally was driven by robust activity across key sectors and solid corporate earnings, indicating renewed optimism in Pakistan’s economic outlook.
Analysts have attributed the market’s upward momentum to several factors, including:
- Improved macroeconomic indicators
- Consistent foreign inflows
- Stability in the financial markets
This upward trend has further strengthened investor interest in both blue-chip stocks and mid-cap stocks.
A day earlier, the KSE-100 index also continued its bullish trend, rising by 558.64 points or 0.39%, closing at 145,647.14 points compared to 145,088.50 points on the previous trading day.
On Friday, a total of 712,527,450 shares were traded, slightly lower than the 788,463,721 shares traded a day before. However, the value of shares increased to Rs 55.677 billion from Rs 52.780 billion on the previous day.
Overall, 483 companies traded their shares in the market:
- 221 recorded gains
- 235 sustained losses
- 27 companies’ share prices remained unchanged
